truce

CVS struck a truce with Glenview Capital that includes giving the hedge fund four board seats; and Elliott Investment Management took a 5 percent stake in Tokyo Gas, the Japanese utility company.

It was a rare direct confrontation between two of the most heavily armed countries in the Middle East and augured ominously for easing hostilities and any future truce.

The UN agency for Palestinian refugees called for a temporary truce to enable safe passage for families still wishing to flee, while two local hospitals warned that they were running out of supplies.

Instead, Netanyahu’s speech doubled down, rejecting a truce and escalating the regional war.

After the end of the last major war between Israel and Hezbollah in 2006, a wary truce was in effect in southern Lebanon.